Haines calls for more disclosure in conduit deals

03/6/2009 | Bond Buyer (subscription required), The

Martha Mahan Haines, the Securities and Exchange Commission's municipal securities chief, wants bond attorneys to disclose more information about the underlying issuer on certain conduit deals. Currently, the bonds are exempt from many disclosure rules for longer-term debt. Haines made her comments during a meeting of the National Association of Bond Lawyers.

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